The Education Partnership Award: KPMG

Award Type: 

Longlisted for a Business in the Community Responsible Business Award

 
Action and Impact
When the global company KPMG first started supporting The City Academy Hackney (TCAH) in 2005, just 36.7% of young people in the London borough achieved five A* to C grade GCSEs, compared to the national average of 44.1%. Unemployment in Hackney was at almost 12% – the fourth highest in Inner London.
 
TCAH was founded in 2009 to redress a shortage of high quality education and serve two of the most deprived wards in Hackney. KPMG has co-sponsored, with City of London Corporation, since the beginning, with each providing £1 million of initial funding.
 
As part of this, KPMG staff volunteer to provide support to the school, including providing five positions on the Board of Governors, pro-bono support on financial management and a wide range of academic and employability support, and work experience to broaden students’ career horizons.
 
In 2017, 77% of students achieved five A*-C grade GCSEs and 100% of students went into employment, education or training.
 
“Our work with the Academy proves that long-term, needs-led support from businesses can help schools provide opportunities to the next generation that are defined by merit, rather than privilege,” says Melanie Richards, deputy chair at KPMG UK.